| Nickname: | Los Angeles, CA United States |
| Headline: | Searching For Disabled Veteran, Women, and Minority Business Startup Capital Sources |
| Description: | We're developing a program that allows veterans to own property and operate a business out of the same location without paying for two locations on a business start-up budget. We feel like by helping veterans develop businesses we're taking care of America's homeless problem, and its decreasing job market. Under our program during the first five years, we will give the veteran a percentage of his/her mortgage back at the end of the year so that they can put that money back into their business. The plan is to have 174 units in a 20 floor building with 5 floors of each unit. 50 1Bedroom Units with attached work loft, 45 2Bedroom Units, 40 3BRUs, & 40 4BRUS. Start up capital requested is 5 million with the potential to go public within the second year of business. Each year we will build new properties with the same number of units which will add to the companies bottom line. Estimated Yearly Earnings 1st yr=$2,430,000 2nd yr=$4,860,000 3rd yr=$7,290,000 4th yr=$9,720,000 5th yr=$12,150,000 Estimated Monthly Earnings 1st yr= $202,500 2nd yr= $405,000 3rd yr= $607,500 4th yr= $810,000 5th yr= $1,012,500 Unit Sales Prices 1Bdr + WL= $204,000 2Bdr + WL= $360,000 3Bdr + WL= $432,000 4Bdr + WL= $480,000 (WL= Work Lofts) Veteran Cash Back Projections 1Br= $200 per month, $2400 per year 2Br= $300 per month, $3600 per year 3Br= $400 per month, $4800 per year 4Br= $500 per month, $6000 per year 5 Year Veteran Cash Back Period Based on one unit sales 1Br= $12,000 2Br= $18,000 3Br= $24,000 4Br= $30,000 Estimated Per Year Loan Amounts (Each new year loan will be used to build new units totaling the same number as the first years' units. 5M for the first year includes land purchase plus cost of construction. Every year after the first year Veteran Live Work Lofts will purchase land through revenues earned from previous sales. 1st yr = $5M 2nd yr = $4M 3rd yr = $4M 4th yr = $4M 5th yr = $4M Our program focuses on fighting against two of America's largest problems at the moment, homelessness, and job loss. Our program operates to ensure the veteran is able to develop a sound successful business so that the business will continue to grow and therefore be able to hire more people. |